Servicemembers Civil Relief Act

Last week the Department of Defense (DoD) issued an interpretive rule under the DoD’s Military Lending Act final rule (MLA Rule). The interpretive rule amends four of the “Q&A” format interpretations that DoD issued on August 26, 2016. Readers may recall that the DoD published this guidance just over one month before the MLA Rule’s October 3, 2016  compliance deadline for most products other than credit cards.… Continue Reading

Next Monday, September 10, the federal financial regulatory agencies will host an interagency discussion on servicemember protections and SCRA compliance issues. The discussion topics include:

  • Permanent Change of Station Guidance
  • HAMP Enhancements
  • Short Sale Assistance for Military Homeowners
  • Recent Enforcement Actions
  • SCRA Compliance Tips

The discussion will be followed by a Q&A session.… Continue Reading